Avaro - cash management platform
Business Management Software in cooperation with WLOG Solutions offers modern and complex Avaro system that optimises cash management in a banking institution. System optimises all cash management processes and reduces costs of cash points.
Avaro Platform is a decision support system that allows reliable, efficient and cost reducing cash management within a financial institution. It forecasts cash levels, optimizes transport costs and supports business processes such as cash orders and cash transports. Avaro harmoniously combines advanced numerical engine functionality with cash management and integration with bank infrastructure. Authorized users can view and alter all data and rules used by the numerical engine. The engine works in the background in a transparent way and provides users with up-to-date cash levels plans and forecasts.
Business benefits:
- Minimizes Cash In Transit costs including: various types of transport (urban, long-distance or ad hoc), direct transports among cash-points, transports to / from vaults
- Minimizes Cash Processing costs dynamically assigning optimum amounts of deposits and withdrawals allowing for emergency ad-hoc transports
- Minimizes levels of “frozen” cash in bank branches, ATMs, vaults and other cash storage points
- Dynamically establishes secure cash levels for all cash-points (with risk level control)
